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AgDay Daily Recap -July 29, 2014

July 29, 2014
 
 

 

 

TODAY ON AGDAY
JULY 29, 2014
 
OPEN HEADLINES:
COMING UP TODAY ON AGDAY THE NATIONS CATTLE HERD CONTINUES TO SHRINK BUT SIGNS SHOW HERD EXPANSION IS UNDERWAY.PLUS, THE NATION'S CROP CONDITIONS DECLINE...BUT BIG POTENTIAL REMAINS. IN AGRIBUSINESS....MARKETING STRATEGIES IN A DOWN YEAR... IN DAIRY TODAY, CAN THE WESTERN CORN BELT ENTICE MORE DAIRIES TO THE CENTRAL AND NORTHERN PLAINS AND A SPECIAL BOND AT THIS OKLAHOMA SPECIAL EVENT.
CATTLE INVENTORY:
GOOD MORNING I'M CLINTON GRIFFITHS. AFTER THE SMALLEST CALF CROP IN NEARLY 7 DECADES, FEEDER CATTLE FUTURES START HIGHER TO BEGIN THE WEEK...AND THAT'S OUR TOP STORY ON AGDAY.
DAIRY INVENTORY:
CLINTON…ON THE DAIRY SIDE THE LEDGER, THE MID-YEAR INVENTORY REPORT SHOWS MILK COW NUMBERS UP ONE PERCENT COMPARED TO JULY 2012. THE TOTAL MILK COW HERD CALCULATED AT 9 POINT 3 MILLION HEAD. REPLACEMENT MILK HEIFERS TOTALED JUST LESS THAT 4 (3.9) MILLION. THAT’S DOWN 5 PERCENT COMPARED TO 2012.
WESTERN DAIRY:
CLINTON…THE WESTERN CORNBELT HAS SOME PRIME REAL ESTATE FOR DAIRY PRODUCTION.
HOWEVER DAIRIES IN RECENT YEARS HAVE STRUGGLED TO CHURN OUT AS MUCH MILK AS IT DID 40 YEARS AGO.
CROP PROGRESS:
CLINTON…FEED COSTS MAY KEEP COMING DOWN AS THE NATION'S CROPS CONTINUE TO BE IN GOOD CONDITION OVERALL.
SORGHUM PROGRESS:
CLINTON…LOOKING AT GRAIN SORGHUM, IN THE TOP 11 PRODUCING STATE, SORGHUM IS 60 PERCENT GOOD TO EXCELLENT. A COUPLE TICKS LOWER THAN LAST WEEK BUT BETTER THAN A YEAR AGO. NEARLY HALF OF THE CROP HAS HEADED, AND 28 PERCENT IS COLORING...BOTH AT OR SLIGHTLY AHEAD OF THE FIVE YEAR AVERAGE.
LSU SORGHUM:
CLINTON…SORGHUM GROWERS HAVE FACED MANY CHALLENGES OVER THE YEARS, ESPECIALLY WHEN IT COMES TO WEED CONTROL.WITHOUT HERBICIDE TOLERANT TRAITS, FARMERS WORRY ABOUT THE KEEPING FIELDS CLEAN. LSU AG CENTER'S TOBIE BLANCHARD TELLS US ABOUT A NEW POTENTIAL BREAKTHROUGH THIS YEAR.
NEONICS IN WATER:
CLINTON…THE U.S. DEPARTMENT OF INTERIOR JUST RELEASING A NEW REPORT LOOKING NEONICOTINOIDS IN IOWA WATERWAYS.THE U.S. GEOLOGICAL SURVEY SAYS THE FIRST OF ITS KIND INVESTIGATION FOUND NEO-NICKS WERE WIDESPREAD IN RIVERS AND STREAMS IN IOWA. THE NEARLY 80 WATER SAMPLES TAKEN DURING THE 2013 GROWING SEASON…
TEASE:
CLINTON…LAST WEEK HOG FUTURES TUMBLED. BUT IS THIS JUST THE BEGINNING? OUR ANALYST BREAKS DOWN THE PATH WE'RE ON NEXT UP IN ANALYSIS.
TYSON SELLS JBS:
CLINTON…IN AGRIBUSINESS, TYSON FOODS SAYS ITS NOW REACHED AN AGREEMENT TO SELL ITS POULTRY BUSINESSES IN MEXICO AND BRAZIL TO JBS. THE DEAL VALUED AT 575 MILLION DOLLARS WILL BE PAID IN CASH. JBS AND IT'S SUBSIDIARY PILGRIMS PRIDE EXPECT TO KEEP THE WORKFORCE IN TACT. IF IT PASSES REGUALTORY APPROVAL THE TRANSACTION SHOULD CLOSE BY THE END OF THE YEAR.
MEXICO POTATOES:
CLINTON…ALSO OUT OF MEXICO, A DISTRICT COURT IN MEXICO IS DEFINITIVELY SUSPENDING POTATO IMPORTS FROM THE U-S. THE JUDGE RULING THE IMPORTS ARE AFFECTING MEXICAN CROPS AND LAND, INCLUDING THE THREAT OF FOREIGN PESTS.CURRENTLY THERE ARE 60 QUARANTINED PESTS THAT FARMERS AND OFFICIALS FEARED WOULD DAMAGE MEXICO'S AG INDUSTRY, AND POSSIBLY EVEN CAUSING A FAMINE.
KOHAK HOG MARKET:
CLINTON…ANOTHER ISSUE FARMERS IN BOTH MEXICO AND THE U-S ARE FACING IS CONTROLLING PORCINE EPIDEMIC DIAHREA VIRUS SO, HOW COULD THAT CONTINUE TO IMPACT HOG SUPPLIES THIS FALL AND WINTER. AL PELL FINDS OUT IN TODAY'S ANALYSIS.
AL.
TEASE:
CLINTON… BUT FIRST, THESE ANIMALS AREN'T PART OF JUST ANY PETTING ZOO. WE'LL TELL YOU ABOUT A SPECIAL BOND THESE YOUNGSTERS ARE CREATING NEXT ON AGDAY.
TEASE:
CLINTON…POPULAR GROCERY STORE CHANGE KNOWN FOR IT'S ALL-NATURAL PRODUCTS IS IN A LEGAL WAR. WE'LL TELL YOU WHY.
SPECIAL PETTING ZOO:
CLINTON…  WE OFTEN TALK ABOUT 4-H OR FFA ON OUR PROGRAM. THIS TIME, THE TWO WELL-KNOWN YOUTH ORGANIZATIONS HAVE TEAMPED UP IN OKLAHOMA. AND AS SUNUP TELEVISION'S LYNDALL STOUT SHOWS US, IT'S ALL FOR A VERY SPECIAL PROJECT THAT REALLY SHOWS US THE BOND BETWEEN PEOPLE AND ANIMALS.
WHOLE FOODS NATURAL:
CLINTON…IN FOOD AND YOUR FAMILY...THE WHOLE FOODS MARKET IS IN A MIDDLE OF A LEGAL BATTLE...SOME ACCUSING THE GROCERY STORE CHAIN OF LABELING PRODUCTS 'ALL NATURAL' THAT REALLY AREN'T.
SAFEWAY GMO:
CLINTON…MEANWHILE, MAJORITY OF SAFEWAY SHAREHOLDERS HAS REJECTED A PROPOSAL THAT WOULD FORCE THE GROCERY CHAIN TO PUT LABELS ON FOODS CONTAINING GMO'S.
CLOSE:
CLINTON…THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.
 

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